Saturday, September 10 2016 09:48
Alexandr Avanesov

Yerevan Brandy Company to procure 32,000 tons of grapes this year

Yerevan Brandy Company to procure 32,000 tons of grapes this year

ArmInfo. Yerevan Brandy Company (YBC) will launch grape procurement on September 15 at its Armavir branch, on September 16 - at Aygevan branch and in September 19-20 - in Berd.

Talking to journalists, YBC CEO Igor Arakelyan said the Company will procure 32,000 tons of grapes this year, which is by 7,000 tons less than last year, as the company lacks empty storages. The procurement price is 120 drams, with the payments to farmers will take 3-4 days. Procurements is Tavush region will total about 5,000 tons, since it is a near border region and it is necessary to support the local residents so that they do not migrate, Arakelyan said.

In addition, last year YBC helped the Tavush residents to create a cooperative of winegrowers.  "Cooperation and farm consolidation will help decreasing expenses and consequently the cost value of winegrowing, Maybe, in such case, the necessary balance between farmers and brandy factories will be found," YBC CEO said.

Arakelyan said that provision of fertilizers on credit will be continued at the same cost value as two years ago. He said the vendors increased the prices yet two years ago, but the factory pays for the difference of the prices considering the heavy economic situation. This year the difference will make up 46 million drams. "We seek to get high quality harvest grown on high quality fertilizers," he said.


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Government Bonds

Issue volume

10 billion

Volume of T-bills for placement

200 million

Volume of submitted competitive applications

200 million

Volume of satisfied bids

200 million

Yield at cut-off price

 5.8314%

Maximum yield

 5.8314%

Мinimum yield

 5.8314%

Weighted average yield

 5.8314%

Number of participants

2

The maturity date of T-bills

03.02.2020

ArmEx

 

СПРОС (Покупка)

USD

Средневзв. Цена

482,00

ПРЕДЛОЖЕНИЕ (Продажа)

  USD

Средневзв. Цена

-

СДЕЛКИ

USD

Цена откр.

482,00

Цена закр.

482,00

Мин. Цена

482,00

Макс. Цена

482,00

Ср/взв. Цена

482,00

-0.16

Кол-во сделок

1

Объем (инвал.)

200 000

0бъем (драм)

96 400 000